The deceased, namely, Rajeev Jain was an employee of Hindustan Lever Limited. He was serving with the company past twenty-three years. On 03.11.2006, he committed suicide in his hotel room in Lucknow.
The Supreme Court ruled that Input Tax Credit cannot be claimed without proof of genuine transactions, reinforcing compliance under the KVAT Act.
The Supreme Court ruling clarifies that minors can legally be transferees of immovable property under the Transfer of Property Act.
Supreme Court allows Anil Rice Mill to seek review of High Court judgment. Pending review, the judgment cannot be cited as a legal precedent.
Supreme Court dismisses Income Tax Depts plea, setting aside the ₹5 lakh cost imposed by the Allahabad HC for incorrect reassessment actions.
Supreme Court rules ITAT cannot direct AO to consider new claims barred by time, reaffirming ITAT’s plenary powers under Section 254 of the Income Tax Act.
Supreme Court reviews the Kakadia Builders case, addressing Settlement Commission’s authority to waive interest under Sections 234A, 234B, and 234C of the Income Tax Act.
The Supreme Court upheld its decision allowing states to tax mineral rights, dismissing review petitions citing no apparent error in the initial ruling.
SC clarifies TOLA’s application to Income Tax Act post-April 2021, covering reassessment notice deadlines and procedural timelines. Notices beyond limits are void.
Chief Commissioner of Central Goods and Service Tax & Ors. Vs Safari Retreats Private Ltd. & Ors. (Supreme Court of India) The Supreme Court of India recently issued a landmark judgment interpreting Section 17(5) of the Central Goods and Services Tax (CGST) Act, which could significantly alter how businesses claim Input Tax Credit (ITC) on […]
